The anti-Pelosi faction received a potential lift Thursday when a veteran member of the Congressional Black Caucus said she would consider challenging Pelosi, helping rebut one of the central criticisms of this rump caucus of agitators: that they had no plan other than toppling Pelosi.
The CBC, which represents about 20 percent of the Democratic caucus, would likely be divided if Rep. Marcia L. Fudge (D-Ohio) follows through with the challenge.
.. Outside advisers to Pelosi believe that the anti-Pelosi wing needs more than just the bare minimum of votes to prevent her from securing 218 votes, with the far greater threat coming from the freshman class that is dominated by female political stars. If many of them announced opposition to Pelosi, it could be a politically mortal wound.
.. in this era of decentralized political forces, more rank-and-file feel free to oppose their party’s leader. These Democratic dissidents are following the footsteps of Republicans who chased one Republican speaker, John A. Boehner, out of office and made life difficult for House Speaker Paul D. Ryan (R-Wis.).
.. Pelosi has deputized the incoming chairman of the Rules Committee, Rep. Jim McGovern (D-Mass.), to try to produce a new rules package designed to open up the House so that more junior lawmakers can have input through their committees, an olive branch to the incoming freshmen and dozens of ambitious younger Democrats who have felt underutilized in recent years.
One of the roughly 10 lobbying firms that represent the Saudi government, the Harbour Group, has dropped it as a client, and others are considering following suit, according to people familiar with discussions, as Saudi Arabia struggles with a backlash over allegations that it murdered the journalist, Jamal Khashoggi.
The lobbying firms are privately discussing how to proceed, these people said. But some have already decided that the prospect of continued paychecks from Saudi Arabia — once a prized and profitable client — is not worth the risk to their reputations.
But for financial and technology companies, several of which have multibillion-dollar ties to Saudi Arabia, the calculus is more complicated. Few executives have backed out of the conference, which is called the Future Investment Initiative but is known colloquially as Davos in the Desert.
Uber’s chief executive, Dara Khosrowshahi, was one of the few to announce that they would back out.
.. The Public Investment Fund, a large Saudi sovereign wealth fund, invested $3.5 billion for a 5.6 percent share in Uber in June 2016.
The fund’s managing director, Yasir Al-Rumayyan, took a seat on Uber’s board. Prince Mohammed is the chairman of the Public Investment Fund.
.. Blackstone’s chief executive, Stephen A. Schwarzman, remains an advisory board member and is expected to speak at the conference, which is held at the Ritz-Carlton hotel in Riyadh, where Prince Mohammed locked up hundreds of wealthy Saudis last year in what he called an anti-corruption campaign but critics said was an effort to crush dissent.
.. Jamie Dimon, the chief executive of JPMorgan Chase, is also still planning to attend
.. Peter Thiel, the technology venture capitalist who was once an ally of President Trump and is known for his independent streak, is still a member of the event’s advisory board but had never planned to attend the gathering, according to a person close to Mr. Thiel.
.. Richard Branson, the billionaire British entrepreneur, said that he had suspended his directorship at two tourism projects near the Red Sea and that his space ventures would halt their discussions over proposed investments from the Public Investment Fund... Saudi Arabia has been a coveted client, thanks to its reputation for paying above-market rates and its status as one of the United States’ most reliable allies in an unstable region, which seemed cemented by the ties between Prince Mohammed and the Trump administration... The debates about dropping the Saudi account also reflect the skittishness of the lobbying industry at a time when it has faced mounting scrutiny from federal investigators, including the special counsel Robert S. Mueller III, about how foreign interests try to shape American politics and policy... The highest-paid firms representing the Saudis in Washington are the international public affairs consultancy
- Qorvis MSLGroup, which is being paid $279,500 a month, and the
- Glover Park Group, which was started by former Clinton administration officials and is being paid $150,000 a month.. Another two firms are being paid $125,000 a month —
- Hogan Lovells, which has Norm Coleman, a former senator of Minnesota, as its point person for Saudi work, and
- Brownstein Hyatt Farber Schreck, which has a bipartisan team composed of Marc S. Lampkin, a former aide to the former House speaker John A. Boehner of Ohio, and Alfred E. Mottur, a top fund-raiser for Hillary Clinton’s presidential campaign.
.. Not all of these firms will drop the Saudis. Some are leaning toward maintaining their contracts, in part because they predict that if they were to abandon the country en masse, it could lead to reduced cooperation from the Saudi government.
What has Pelosi achieved?
First, as House minority leader, she played a crucial role in turning back George W. Bush’s attempt to privatize Social Security.
.. Then she was the key figure, arguably even more crucial than President Barack Obama, in passing the Affordable Care Act, which produced a spectacular fall in the number of uninsured Americans and has proved surprisingly robust even in the face of Trumpian sabotage.
She helped enact financial reform, which has turned out to be more vulnerable to being undermined, but still helped stabilize the economy and protected many Americans from fraud.
Pelosi also helped pass the Obama stimulus plan, which economists overwhelmingly agree mitigated job losses from the financial crisis, as well as playing a role in laying the foundation for a green energy revolution.
.. whenever you hear Republicans claim that Pelosi is some kind of wild-eyed leftist, ask yourself, what’s so radical about protecting retirement income, expanding health care and reining in runaway bankers?
It’s probably also worth noting that Pelosi has been untouched by allegations of personal scandal, which is amazing given the right’s ability to manufacture such allegations out of thin air.